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20130212
20130212
Search Results 0 to 7 of about 8 (some duplicates have been removed)
be a complete victory over barack obama and harry reid. and some republicans say just let the sequester happen, let the cuts happen. he says it is understandable because going to the trouble of fixing the sequester would be fixable, and the effort to do so would create strains in the republican congress. but what is understandable is not always responsible, allowing the sequester to go into effect would be deeply irresponsible. steve, deeply irresponsible has never been a winning argument with the house republicans. it has never scared them. >> but i guess, this is an interesting division in the republican party with the rise of the tea party. because the republican party has traditionally been the protector of the defense contracts. there is a conservative part that says to heck with them, we're in favor of big sweeping cuts but we're also okay with big sweeping cuts to the defense department. then you have big crystal, john mccain even floating the idea maybe he would be okay with more revenue as long as it meant getting the revenue off the sequester. the interesting thing here, march one is
. majority leader harry reid hates it. 13 majority leader harry reid hates it. they created it. imagine how the rest of us feel about it. somehow our leaders cannot seem to figure a way out of it. we all agree the country needs to find a more sustainable fiscal path. in my view, we need a balanced approach, as wes said, that includes both spending and revenues. cuts in spending should focus on programs a growing the most, not on discretionary spending, which is not growing, is not the problem, and yet has already borne the brunt of cuts. the discretionary spending is a part of the budget where america's future lies, including such investment as research and education. cutting invesart ent in our fute is not the way to solve this problem. yet that is exactly what the sequester will do. there is a better way. we have talked about the impact of the sequester on an economy that is still recovering. i want to focus on the longer term, the economy and the nation that we will leave to our children, our grandchildren, and great-grandchildren. the research being cut with the sequester affects long-t
? >> harry reid won't get a paycheck if he doesn't pass a budget. we finally got his attention. >> i don't think there's any tag days for him getting a paycheck but thank you. >> about the g-7 -- >> my word, absolutely. currency wars front and center, particularly london, the world's major foreign exchange center. notice the stock markets are higher almost across the board. one of the major reasons the banks are rallying today, at the helm, barclays. unveiled a structureture to cut costs and rebalance the bank away from investment banking and the way consumer units grow organically much faster and return to internal equity of about 15%. the stock is up 18%. it continues to gain and dragging other banks in the uk and elsewhere and spain with it, and what the ceo had to say. >> we have to manage our capital very effectively and reduce our cost space and reduce the ratio of compensation to our net income. that's what we're talking about today. >> for the record, the average bonus investment banking at barclays is down 17% at $84,000. the big debate in europe remains on currencies, brussels,
. >> harry reid, who are you wearing? >>gretchen: hate to see it, it might get the younger ones actually. watch the state of the union. >>brian: about 40 million expected to watch. right to your headlines, president obama planning to bypass congress. he's set to issue a series of executive orders tomorrow, what companies must do to protect computers from cyber attacks. he's got more executive orders coming. >>gretchen: a warning about something that might be in your freezer. lean cuisine recalling mushroom ralph i don't seely saying -- mushroom ravioli saying they may contain pieces of glass. these packages were made in november they have 2012. >>steve: extreme weather raining on the parade. new orleans gearing up for a soggy mardi gras. you're taking a live look at the french quarter. it's supposed to dry up a little later on. today mardi gras, fat tuesday, grand finale of a week-long celebration -- >>brian: i was there. >>steve: that's right. tomorrow is ash wednesday. this year's event is expected to generate $300 million for the big easy. >> grandma busted for selling pot. police arr
Search Results 0 to 7 of about 8 (some duplicates have been removed)